“I am very excited about this collaboration, where synergies between the companies in the Novo Group will come into play and with the prospect of enabling scale-up of processes in the regenerative medicines market,” CEO of Novo Nordisk Pharmatech Ulla Grove Krogsgaard Thomsen says.
An initial product is expected to be brought to commercialization within a few years.
Synergies within the Novo Group
Novozymes is one of the world’s leading biotechnology companies and the leader in the industrial enzyme market. The company brings extensive enzyme diversity, a large enzyme portfolio, a broad enzyme R&D platform, and strong fermentation capabilities to the collaboration. Previously, this combined, leading platform has not served the biopharmaceutical market directly.
Novo Nordisk Pharmatech A/S is a leading manufacturer of pharmaceutical ingredients that enable the production of better medicines. The company has recently invested in a purification plant for enzymes to facilitate the high-quality production of products within the biopharmaceutical industry. In this area, the company has a solid customer network from its existing Quats and Recombinant Insulin business in more than 70 countries.
“This collaboration reinforces a shared commitment to the development of specialty enzymes. Novo Nordisk Pharmatech brings market knowledge and the required production-quality capabilities, while Novozymes brings a large enzyme library and strong R&D competencies. Together, this positions us well to create new and innovative products for this market,” says Lotte Clemmen Christensen, VP, Corporate Strategy & New Business Development at Novozymes.
